Panic at the Bank
Download or Read eBook Panic at the Bank PDF written by Siobhán Creaton and published by Gill & MacMillan. This book was released on 2002 with total page 181 pages. Available in PDF, EPUB and Kindle.
| Author | : Siobhán Creaton |
| Publisher | : Gill & MacMillan |
| Total Pages | : 181 |
| Release | : 2002 |
| ISBN-10 | : 0717135632 |
| ISBN-13 | : 9780717135639 |
| Rating | : 4/5 (32 Downloads) |
Book Synopsis Panic at the Bank by : Siobhán Creaton
Book excerpt: It was Ireland's biggest banking scandal and the fourth-biggest banking fraud in the world. John Rusnak, a lone wolf currency trader in Allfirst, a regional American bank owned by AIB, racked up losses of almost $700 million. This sort of thing was not supposed to happen in modern banking, and certainly not in a retail bank far from the world's financial centres. But it did.
